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Luxoft Helps Harman International Develop Sophisticated Infotainment Systems for the Automotive Industry


harman

MOSCOW, NY--May 16, 2011: Luxoft, a leading global provider of advanced application and product development services, today announced that it is working with Harman International to conceive of, design and develop sophisticated infotainment systems for the automotive industry.

“In any such partnership, the most important thing is reliability and accountability for the time critical milestones”

For more than four years, Luxoft has been involved in the maintenance of Harman's current products, as well as the development of future products and platforms that are critical to meeting evolving consumer demands, such as the 'Internet of Things.' Luxoft has dedicated more than 300 development experts, based mainly in its Ukraine Development Center, to work with Harman to meet its aggressive infotainment development goals.

"Consumer demand in the automotive sector is evolving rapidly, as drivers today are in search of sleek, sophisticated options that not only give them access to vehicle performance data, but also high-end infotainment options," said Dinesh Paliwal, CEO, Harman International. "To meet that need, Luxoft has proven to be an invaluable partner over the past several years due to its industry expertise, ability to innovate and exceptional product and service delivery."

Currently, Luxoft is working with Harman on several automotive projects, including embedded real-time operating systems, advanced navigation systems, in-vehicle Internet capabilities and the integration of social networks into the driving experience. Many automotive manufacturers such as BMW and Daimler are currently using infotainment technologies that have resulted from this partnership.

"Over the years, we've seen our relationship with Harman grow into the strategic relationship that it is today," said Luxoft President and CEO, Dmitry Loschinin. “They look to us as a trusted partner, and we look forward to future opportunities to innovate as we’re only scratching the surface of what we can accomplish together.”

“In any such partnership, the most important thing is reliability and accountability for the time critical milestones,” said Paliwal. “Luxoft’s leadership and project teams have been incredibly responsive and attentive to our needs, and as a result, we have started treating Luxoft as our extended organization. We look forward to furthering our relationship with Luxoft and are excited to see what new automotive technologies are possible as a result."

About Luxoft

Luxoft, a member of the IBS Group is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients, such as Boeing, IBM, Harman, Avaya, Alstom, Sabre and other global leaders, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models.

Luxoft has proven its expertise in fostering innovation for the automotive industry with its introduction of LUXdash, a ‘smart dashboard’ that replaces traditional analog car dashboards with LCD screens. With LUXdash, drivers have access to a wide-range of vehicles controls and infotainment options -- including GPS navigation, infotainment control, car diagnostics and hands-free telephone access. Additionally, Luxoft offers DroidBUZZ, the world’s first Android-based software platform developed specifically for rear-seat entertainment systems. DroidBUZZ is a full-scale vehicle software platform that enables multimedia and online connectivity features, along with the support of regular Android applications, to the rear-seat entertainment systems, head units, personal navigation devices and other infotainment systems.

About Harman International

HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets -- supported by 15 leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson®. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 20 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 11,800 people across the Americas, Europe and Asia, and reported sales of $3.5 billion over the twelve months ending December 31, 2010. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE: HAR.

About IBS Group

IBS Group is the emerging European IT market leader. Through its two principal subsidiaries, IBS IT Services and Luxoft, it provides a wide variety of information technology services, such as business and IT consulting, business applications implementation, IT outsourcing and software development. IBS Group is headquartered in Russia and has business operations in Russia, Canada, Germany, Romania, Poland, Switzerland, the UK, Ukraine, the USA, Vietnam and Singapore. IBS Group employs more than 7,200 people worldwide. In 2009 financial year, IBS Group reported US GAAP revenues of US$505m.

IBS Group’s Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.DE). IBS Group is majority-owned by management with portfolio investors holding 32% of the Group’s share capital. For more information on IBS Group, please visit www.ibsgr.com